Global Markets
From the Global Market Strategy Team: How a U.S. government shutdown hits the strategist desk Get Our Insights >
Smart insights drive stronger portfolios
We leverage proprietary research and collaborate with investment teams across New York Life Investment Management to offer timely answers to the questions facing investors today in key areas:
Chart of the Week: Resilience Meets Tighter Policy
WEEK OF October 4, 2026
Our October Macro Pulse is now available, where we delve into the three themes shaping our outlook: a more restrictive rate environment, continued AI investment, and U.S. exceptionalism.
Our focus this month is the rates environment. Global yields have continued to move higher as resilient economic growth and renewed inflation pressures reinforce expectations for tighter monetary policy. For now, economic resilience remains intact, but it is increasingly being tested by a more restrictive rates environment.
Read Macro Pulse Report: Dog Days, Data Shifts
Market Resilience Meets a Tighter Rates Environment
Global markets are adjusting to a tighter rates environment, but resilient growth and corporate fundamentals continue to support risk assets. In this episode of Market Matters, Julia Hermann and Sarah Hirsch break down what’s driving the rise in long-term yields, why rates could remain elevated even after central banks stop hiking, and what the changing backdrop means for portfolio positioning.
The Next Era in Global Liquidity: An Architecture
Julia Hermann shares key themes from the newly released 2026 Megatrends report, exploring how the changing architecture of global liquidity could shape markets and investor portfolios.
Takeaways from the 2026 NYLIM Global Investor Summit
The Next Era in Global Liquidity: An Architecture
2025 | Trust or Bust: The Next Era of Global Debt Sustainability
The choices governments make will shape long-term capital markets assumptions around inflation, interest rates, and potential growth; and will influence asset allocation.
A global debt sustainability framework:
Private Markets
Navigate the next phase of global private markets
Key investor questions:
- How does an extended but maturing private markets cycle change where investors should be selective across private equity, private credit, real estate, and real assets?
- Where are the most compelling opportunities as policy support, easing financial conditions, and elevated long-term rates reshape valuations, deal activity, and underwriting discipline?
- How are global transitions such as AI, digitization, electrification, and supply chain reconfiguration creating long-term, capital-intensive opportunities across private markets?
Prospective investors should be aware that investments in private funds or alternative investment strategies are suitable only for qualified investors who do not require liquidity and who can bear the economic risk, including the potential for a complete loss, of their investment. Investors are encouraged to consult their tax or legal advisors before making such investments.
Video: Private Markets Outlook - Extending the Cycle
About Global Market Strategy
Our team of market strategists connects macroeconomics to asset allocation. We provide actionable insight into market-driving events, structural themes, and portfolio construction to empower investment decision-making.
Lauren Goodwin, CFA
Chief Market Strategist
Julia Hermann, CFA
Global Market Strategist
Michael LoGalbo, CFA
Global Market Strategist
Sarah Hirsch
Global Market Strategist
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